$METIS broke through the 24-hour high: the current price is 4.02, and the previous high was 3.977.
After the breakout, focus on two things:
· Whether the previous high of 3.977 turns from resistance into support (holds on a pullback)
· Whether the breakout is accompanied by volume—breakouts without volume often turn out to be false breakouts
What will you do if the price reverses later?
After the breakout, focus on two things:
· Whether the previous high of 3.977 turns from resistance into support (holds on a pullback)
· Whether the breakout is accompanied by volume—breakouts without volume often turn out to be false breakouts
What will you do if the price reverses later?